Uniswap (UNI) is launching on Coinbase Pro

Coinbase

Starting immediately, transfer UNI into your Coinbase Pro account ahead of trading. Support for UNI will be available in all Coinbase’s supported jurisdictions, with the exception of New York State.

One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time. Most recently we have added trading support for yearn.finance (YFI), Loopring (LRC), UMA (UMA), Celo (CGLD), Numeraire (NMR), Band (BAND), Compound (COMP), Maker (MKR) and OmiseGo (OMG), along with supporting additional European and UK order books. Coinbase continues to explore support for new digital assets.

Starting immediately, we will begin accepting inbound transfers of UNI to Coinbase Pro. Trading will begin on Thursday, September 17, if liquidity conditions are met. Updates will be made from our Coinbase Pro Twitter account.

Once sufficient supply of UNI is established on the platform, trading on our UNI-USD order book will launch in three phases, post-only, limit-only and full trading. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.

We will publish tweets from our Coinbase Pro Twitter account as each order book moves through the phases.

Uniswap (UNI) is a token used for governance actions in the Uniswap protocol, a decentralized automated liquidity protocol built on Ethereum. Uniswap empowers developers, liquidity providers and traders to participate in a financial marketplace that is open and accessible to all.

Please note that UNI is not yet available on Coinbase.com or via our Consumer mobile apps. We will make a separate announcement if and when this support is added.

You can sign up for a Coinbase Pro account here to start trading. For more information on trading UNI on Coinbase Pro, visit our support page.

Coinbase holds UNI tokens and an equity interest in Universal Navigation Inc. (the company developing the Uniswap platform). Coinbase intends to maintain its investment in UNI for the foreseeable future and maintains internal policies that address the timing of permissible disposition of its digital assets, including UNI tokens.

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The post appeared first on The Coinbase Blog

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